Shree Pushkar reported Q3 FY26 revenue of Rs. 249 Cr (+14.6% YoY) and PAT of Rs. 18 Cr (+13.5% YoY), achieving a 7.3% margin. Chemical segment saw strong volume growth, though fertilizers faced seasonal and raw material cost pressures (sulphur). The company is progressing on Unit 5 & 6 expansions, pending electricity, and Unit 8 (Greenfield) targeting March 2028. Management projects FY26 revenue near Rs. 1,000 Cr (approx. 8% PAT margin), aiming for Rs. 1,500 Cr in FY27 and Rs. 2,500-3,000 Cr by FY29 with 9-10% PAT margins. Promoter confidence and strategic expansions underpin a positive outlook. China's reduced VAT refund is also seen as favorable for Indian dye exports.
All announcements from Shree Pushkar Chemicals & Fertilisers Limited